Boeing Company said on Thursday it will end pension plans for 68,000 non-union employees, including its chief executive. Boeing said it expects to take $110 million non-cash charge in the first quarter for the pension change. Under the latest plan, non-union workers including managers and executives will keep what they have earned in their pensions through December 31, 2015, and then switch to a new defined-contribution retirement plan, Boeing said.
Thanks for checking us out. Please take a look at the rest of our videos and articles.
To stay in the loop, bookmark our homepage.
VIDEO: Boeing To End Pension Plans For Non-union Employees
